PPP Loan information for Avadim health inc

$2,010,901

Avadim health inc was initially approved for PPP Loan of amount $2,010,901, the current approved amount is $2,010,901. The loan was approved on 04/14/2020 by The Truist Bank reported 238 jobs and $2,010,901 was used to fund payroll.

Avadim health inc is Existing or more than 2 years old

PPP Loan Search / NC / ASHEVILLE / Avadim health inc

AVADIM HEALTH INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AVADIM HEALTH INC

Borrower Address

81 Thompson St

Borrower City

ASHEVILLE

Borrower State

NC

Borrower Zip

28803

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2010901.00

Current Approval Amount

2010901.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHEVILLE

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28803-0001

CD

NC-11

Jobs Reported

238

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2010901.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2036763.42

Forgiveness Date

07/30/2021

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